Vacant lot 40X90, for $525K, On Ashford Street, Brooklyn

A 40’ wide vacant lot which has 4,500 buildable square feet. The lot size makes the property a prime development opportunity. A developer can build a four story apartment building. The property can be an eight or sixteen unit building. The new building can have two or four apartments per floor.
The property is located one block from the 2, 3 and 4 trains on New Lots Avenue. This gives quick access to Downtown Brooklyn and the Manhattan. The property is off New Lots Avenue, which has a lot of stores and restaurants.
Zoning R5
Height Limit 40’
Taxes: $3,461.08
4,500 buildable SQFT
You can build two apartments on each floor.